Jobs, jobs, jobs. America needs them.
It’s a story that’s been heard before: US’s deficit has dragged it down the list of the world’s most competitive economies. With the upcoming election nearing, what does the public do? Surely their faith in Obama has suppressed, making Romney’s eligibility to win look a whole lot better now. This intrinsic lack of faith for the US economy contributes to its tumble down the list.
This Geneva based forum announces the list based on economic data and the survey of 15,000 business executives.
This recent bad news for the Obama campaign, as the forum cited “a number of escalating weaknesses such as rising government debt and declining public faith in political leaders and corporate ethics.” As well, a recent survey of 142 nations showed a clear disapproval in Obama’s economic policies and actions. These surveys give President Obama something to work for for his country, and certainly something to improve upon this upcoming term, should he win. If he is unable to prove that he can fix the economy and narrow the debt, Romney may seem like a more worthy opponent for Obama. Change is what the Americans want, and Obama needs to deliver.
What will Obama change to gain back his vote? Can Romney defeat him with his campaign?
Other countries such as Denmark, the Netherlands, Japan, and Britain rounded out the top ten as Switzerland took the top spot, with Singapore, Sweden and Finland following. Germany took sixth spot right behind USA. While the US slipped down the list, emerging economies gained traction, with China in 26th place, and Brazil, India, and Russia in the 53rd, 56th, and 66th places respectively.
All in all, citizens of the US must be looking to improve their situation and hold their own against superpowers of the world, and these rankings may cause some Americans to reconsider who deserves their vote in the upcoming election.